文档介绍：该【会计英语课后习题参考答案(终审稿) 】是由【青山代下】上传分享，文档一共【33】页，该文档可以免费在线阅读，需要了解更多关于【会计英语课后习题参考答案(终审稿) 】的内容，可以使用淘豆网的站内搜索功能，选择自己适合的文档，以下文字是截取该文章内的部分文字，如需要获得完整电子版，请下载此文档到您的设备，方便您编辑和打印。:..会计英语课后习题参考答案文稿归稿存档编号:[KKUY-KKIO69-OTM243-OLUI129-G00I-FDQS58-:..(1)(2)(3)(4)(5)(6)equation(a)Increaseinoneasset,√decreaseinanotherasset.(b)Increaseinanasset,increaseinaliability.(c)Increaseinanasset,√√increaseincapital.(d)Decreaseinanasset,√decreaseinaliability.(e)Decreaseinanasset,√√’sAssetsLiabilitiesTransactionsequity+/-+/-+/-1++2++3--4++5++6--7--8+/-9--10--,$6,000.:..2Investmentforcash,$3,$1,,$’spersonaluse,$,$1,5007Suppliesusedduringtheperiod,$,00080,000195,,000investment27,000eLess-35,000withdrawalsEnding320,00085,000235,0005.(a)March31,20XXApril30,20XXAssetsCash4,5005,400Accounts2,5604,100receivableSupplies840450Totalassets7,9009,950LiabilitiesAccountspayable430690EquityTinaPierce,7,4709,260Capital(e=9,260-7,470=1,790(e=1,790+2,500=4,290:..--,Capital-------,Withdrawal-,800Accountspayable...................1,800Revenue.............................4,500Accountsreceivable...........4,500Owner’swithdrawals................1,500SalariesExpense...............1,500AccountsReceivable.................750Revenue........................,:..Insuranceexpense(2160/12*2)360Prepaidinsurance360Unearnedrevenue2,100Servicerevenue2,100Consultantexpense900Prepaidconsultant900Unearnedrevenue3,000Servicerevenue3,.$388,4002.$22,5203.$366,6004.$21,,2002:$60,,Capital60,000esummary60,-closingbalanceinJonNissen,CapitalatJune30,2002:$54,,2009Reconciledbalance$6,220Reconciledbalance$6,:Notesreceivable—Acompany5400:..Cr:Accountsreceivable—Acompany540012Dr::Notesreceivable5400June6Dr:Accountsreceivable—Acompany5533Cr:Cash553318Dr::Accountsreceivable—.(a)Asawhole:theendinginventory=685(b)appliedseparatelytoeachproduct:theendinginventory==endinginventory+thecostofgoods=80,000+200,000*500%=80,000+1,000,000=1,080,0005.(1)24,000+60,000-90,000*=12000(2)(60,000+24,000)/(85,000+31,000)*(85,000+31,000-90,000)=18828Chapter41.(a)second-yeardepreciation=(114,000–5,700)/5=21,660;(b)second-yeardepreciation=8,600*(114,000–5,700)/36,100=25,800;:..(c)first-yeardepreciation=114,000*40%=45,600second-yeardepreciation=(114,000–45,600)*40%=27,360;(d)second-yeardepreciation=(114,000–5,700)*4/15=28,.(a)weighted-umulatedexpenditures(2008)=75,000*12/12+84,000*9/12+180,000*8/12+300,000*7/12+100,000*6/12=483,000(b)interestcapitalizedduring2008=60,000*12%+(483,000–60,000)*10%=49,5003.(1)depreciationexpense=30,000(2)bookvalue=600,000–30,000*2=540,000(3)depreciationexpense=(600,000–30,000*8)/16=22,500(4)bookvalue=600,000–30,000*8–22,500=337,:Jan1st,2008InvestmentinM260,000Cash260,000June30Cash6000Dividendrevenue6000Situation2:January1,2008InvestmentinS81,000Cash81,000June15Cash10,800:..InvestmentinS10,800December31InvestmentinS25,500InvestmentRevenue25,,2008InvestmentinK1,200,000Cash1,200,000June30,2009DividendReceivable42,500DividendRevenue42,500December31,2009Cash42,500DividendReceivable42,,2008InvestmentinK1,200,000Cash1,200,000December31,2009Cash42,500InvestmentinK42,500InvestmentinK146,000Investmentrevenue146,,theinvestmentamountis1,200,000ereposedis42,500Inb,theinvestmentamountis1,303,500:..ereposedis146,:Dr:Inventory198,000Cr:AccountsPayable198,000June11:Dr:AccountsPayable198,000Cr:NotesPayable198,000June12:Dr:Cash300,000Cr:NotesPayable300,:InterestExpenses(fornotesonJune11)12,100Cr:InterestPayable12,100Dr:InterestExpenses(fornotesonJune12)8,175Cr:InterestPayable8,:NotesPayable498,000AccruedInterestonNotesPayable20,:Dr:NotesPayable198,000InterestPayable12,100InterestExpense7,700Cr:Cash217,800ForWestern::..InterestPayable8,175InterestExpense18,825Cr:Cash327,0002.(1)etaxisaliability2,400etaxpayable21,600etaxisanasset600etaxpayable26,100(2)208:Dr:Taxexpense24,000Cr:etaxpayable21,600etax2,400209:Dr:Taxexpense25,500etax600Cr:etaxpayable26,100(3)208:estatement:taxexpense24,000Balancesheet:etaxpayable21,600209:estatement:taxexpense25,500:..,560,00012%*(1-35%))12%-rateperperofperiodsperiodinterest-periodbondsperiodatdateofissue1$%3%$$%12%%12%,400InterestPayable1,296AccountsPayable60,000+UnearnedRentRevenue7,200CurrentLiabilities82,,200,000CommonStock1,000,000Paid-inCapitalinExcessofParValue200,000:..OrganizationExpense50,000CommonStock50,,000CommonStock100,000Paid-inCapitalinExcessofParValue20,000Thevalueofthepatentisnoteasilydeterminable,sousetheissuepriceof$,000Cash180,000Thecostoftreasurypurchasedis180,000/30,000=,000TreasuryStock60,000Paid-inCapitalfromTreasuryStock10,000Sellthetreasuryatthecostof$60pershare,andsellingpriceis$.:..Cash75,000Paid-inCapitalfromTreasuryStock15,000TreasuryStock90,000Thecostoftreasuryis$60persharewhilethesellingpriceis$,000DividendsPayable—PreferredStock24,—PreferredStock24,000Cash24,,000monStock80,,000RetainedEarnings350,:..%cumulativetermindicatesthattheinvestorsearn7%%*120%*20,000=504,,’equity;,000AccumulatedDepreciation35,000Tocorrecterrorinprioryear’,000Building70,,500DividendsPayable12,,500:..,500CommonStock25,000AdditionalPaid-inCapital12,500Torecordissuanceof10%stockdividend:10%*25,000=2,500shares;2500*$15=$37,,000AccumulatedDepreciation14,000Originaldepreciation:$40,000/40=$10,,2009is$350,000(=$400,000-5*$10,000).Deprecationfor2009is$14,000(=$350,000/25).($10parvalue)decreases275,000,monStock($5parvalue)increases275,000.:..,thefollowingjournalentrieswouldbeusedtorecordthetransactionsforthetwoyears:Year1Inventory....................................480,000Cash/Accountspayable.....................480,000TorecordpurchaseofinventoryInventory....................................124,000Cash/Accountspayable.....................124,000TorecordrefurbishmentofinventoryAccountsreceivable..........................310,000Salesrevenue.............................310,000ountCostofgoodssold...........................220,000Inventory.................................220,000TorecordthecostofthegoodssoldasanexpenseSalesreturns(I/S)..........................15,500*Allowanceforsalesreturns(B/S).........15,500:..Torecordprovisionforreturnofgoodssoldunder30-dayreturnperiod*5%of$310,000Warrantyexpense.............................31,000*Provisionforwarranties(B/S)............31,000Torecordprovision,attimeofsale,forwarrantyexpenditures*10%of$310,000Allowanceforsalesreturns..................12,400Accountsreceivable.......................12,400Torecordreturnofgoodswithin30-(B/S)...............18,600Cash/Accountspayable.....................18,600Torecordexpendituresinyear1forwarrantyworkCash.........................................297,600*Accountsreceivable.......................297,600ountsReceivable*$310,000–$12,400Year2Provisionforwarranties(B/S)...............8,400Cash/Accountspayable.....................8,400Torecordexpendituresinyear2forwarrantywork:..Requirement2Ifrevenueisrecognizedonlywhenthewarrantyperiodhasexpired,thefollowingjournalentrieswouldbeusedtorecordthetransactionsforthetwoyears:Year1Inventory....................................480,000Cash/Accountspayable.....................480,000TorecordpurchaseofinventoryInventory....................................124,000Cash/Accountspayable.....................124,000TorecordrefurbishmentofinventoryAccountsreceivable..........................310,000Inventory.................................220,000Deferredgrossmargin.....................90,000ountDeferredgrossmargin........................12,400Accountsreceivable.......................12,400Torecordreturnofgoodswithinthe30-(B/S)................18,600Cash/Accountspayable.....................18,600:...........................................297,600*Accountsreceivable.......................297,600ountsreceivable*$310,000–$12,400Year2Deferredwarrantycosts......................8,400Cash/Accountspayable.....................8,........................**77,600Costofgoodssold...........................220,000Salesrevenue.............................297,600*Torecordrecognitionofsalesrevenuefromyear1salesandrelatedcostofgoodssoldatexpiryofwarrantyperiod*$310,000–$12,400**($90,000–$12,400):..Warrantyexpense.............................27,000*Deferredwarrantycosts...................27,000Torecordrecognitionofwarrantyexpenseatsametimeasrelatedsalesrevenuerecognition*$18,600+$8,,atthetimeofsale,oftheamountofwarrantyworkthatwillberequiredunderthetermsoftheone-,atthetimeofsale,tomakeagoodestimateofthewarrantyworkthatwillberequired,,